The Miami Heat are not expected to extend Jimmy Butler's contract, leading to increasing speculation about a potential trade.

As the February trade deadline approaches, rumors are intensifying regarding Butler's future, with several teams expressing interest in acquiring him.

The Oklahoma City Thunder are viewed as a viable option, given their potential to advance deep into the playoffs.

Butler is reportedly seeking to join a team with strong win-now potential, focusing on postseason success.

Several teams, including the Dallas Mavericks, Golden State Warriors, Oklahoma City Thunder, and Phoenix Suns, are reportedly interested in Butler.

This decision by the Heat suggests they may be preparing to part ways with the 35-year-old player, who is set to become a free agent in the upcoming offseason.

The Phoenix Suns would need to navigate Bradley Beal's no-trade clause to acquire Butler, potentially involving Beal and several draft picks.

In contrast, the San Antonio Spurs and Los Angeles Lakers are struggling and may not be attractive options for Butler.

The Heat are likely to seek a substantial return for Butler, who is regarded as a franchise player.

NBA insider Bill Simmons has predicted that a trade involving Jimmy Butler will happen soon, indicating a resolution may be expected in the coming weeks.

Despite facing injuries in recent years, Butler is averaging 18.5 points per game this season and remains one of the top defensive wings in the league.

The Golden State Warriors, despite facing hard cap restrictions, could offer Andrew Wiggins and future draft picks for Butler.